Northumbrian Water Finance PLC (NWGLN)

No results found for "".

Northumbrian Water Finance PLC (NWGLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	NWGLN	Northumbrian Water Finance PLC	£300		1	EMEA	Sep 28, 2017

Tranche #1Northumbrian Water Finance PLC

currency

GBP

size (m)

300.000

maturity

Oct 5, 2027

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

re-open/tap

ipt

G+100-105

ipt-pxd

guidance

G+100 a

spread

coupon

2.375%

spread set

price

98.53800

yield

2.413%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Registration: Reg S Only; Comments: GBP300m no-grow 10yr snr unsec. Baa1/BBB+ (neg/st). Barc/Lloyds/NWM/RBC(B&D). IPTs UKT1.25% Jul 2027 +100/+105, guidance G+100 area (+/-2 WPIR), launched at +98 on bks closed c.500m. Gilt at Mid: 98.33 / Bid: 98.31 / HR:98%. FTT 2:45pm. Tax Call: No. PP:No. XD: No;

Guarantor(s)

Northumbrian Water Ltd

Hide Details

Explore all other Commentary & Deal Flow